[CBSE] Q. 19 Dissolution of Partnership Firm Solution TS Grewal Class 12 2024-25
Solution to Question number 19 of the Dissolution of Partnership Firm Chapter of TS Grewal Book 2024-25 Edition for the CBSE Board.
C, D and E were partners in a firm sharing profits in the ratio of 3 : 1 : 1. Their Balance Sheet as at 31st March, 2022 was as follows:
Balance sheet of C, D and E as at 31st March, 2022
| Liabilities | ₹ | Assets | ₹ |
| Capital A/css: C D E C’s Loan Sundry Creditors Bills Payable | 4,00,000 2,00,000 1,00,000 1,20,000 1,00,000 2,00,000 | Machinery Investments Stock Debtors Cash at Bank | 3,20,000 3,00,000 2,00,000 1,00,000 2,00,000 |
| 11,20,000 | 11,20,000 |
On the above date, the firm was dissolved due to certain disagreement among the partners.
(I) Machinery of ₹ 3,00,000 were given to creditors in full settlement of their account and remaining machinery was sold for ₹ 10,000.
(ii) Investments realised ₹ 2,90,000.
(iii) Stock was sold for ₹ 1,80,000.
(iv) Debtors for ₹ 20,000 proved bad.
(v) Realisation expenses amounted to ₹ 10,000.
Prepare Realisation Account.
[Ans.: Loss on Realisation – ₹ 2,70,000.]
Solution:-
Here is the list of solutions
| S.N | Questions |
| 1 | Question – 1 |
| 2 | Question – 2 |
| 3 | Question – 3 |
| 4 | Question – 4 |
| 5 | Question – 5 |
| 6 | Question – 6 |
| 7 | Question – 7 |
| 8 | Question – 8 |
| 9 | Question – 9 |
| 10 | Question – 10 |
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| 11 | Question – 11 |
| 12 | Question – 12 |
| 13 | Question – 13 |
| 14 | Question – 14 |
| 15 | Question – 15 |
| 16 | Question – 16 |
| 17 | Question – 17 |
| 18 | Question – 18 |
| 19 | Question – 19 |
| 20 | Question – 20 |
| S.N | Questions |
| 21 | Question – 21 |
| 22 | Question – 22 |
| 23 | Question – 23 |
| 24 | Question – 24 |
| 25 | Question – 25 |
| 26 | Question – 26 |
| 27 | Question – 27 |
| 28 | Question – 28 |
| 29 | Question – 29 |
| 30 | Question – 30 |
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| 31 | Question – 31 |
| 32 | Question – 32 |
| 33 | Question – 33 |
| 34 | Question – 34 |
| 35 | Question – 35 |
| 36 | Question – 36 |
| 37 | Question – 37 |
| 38 | Question – 38 |
| 39 | Question – 39 |
| 40 | Question – 40 |
| S.N | Questions |
| 41 | Question – 41 |
| 42 | Question – 42 |
| 43 | Question – 43 |
| 44 | Question – 44 |
| 45 | Question – 45 |
| 46 | Question – 46 |
| 47 | Question – 47 |
| 48 | Question – 48 |
